ICICI Prudential Mutual Fund has announced Interim Dividend and Capital Withdrawal (IDCW) payouts across six schemes, according to reports from Upstox Securities. The affected schemes include the Savings Fund, Ultra Short-Term Fund, and Equity Savings Fund. This announcement represents a significant distribution event for investors in these specific mutual fund schemes.
As reported by Upstox Securities, June 11 has been set as the record date for these IDCW payouts. The record date determines which investors will be eligible to receive the dividend payments, with the payout process following standard mutual fund procedures. This timeline provides investors with clarity on when they can expect to receive their dividend distributions.
According to the announcement from ICICI Prudential Mutual Fund, the six schemes that will receive IDCW payouts include the Savings Fund, Ultra Short-Term Fund, and Equity Savings Fund. These schemes represent different investment categories within the mutual fund portfolio, offering investors exposure to various market segments. The announcement was made through Upstox Securities, which serves as the distribution platform for these mutual fund schemes.
As per the latest data from Policybazaar, ICICI Prudential Large Cap Fund-growth manages assets worth ₹76,297 crore with a NAV of ₹104.00. The fund has delivered -5.53% returns over the past year and maintains an expense ratio of 1.36%. The portfolio allocation consists of 94.77% in equities, 0.79% in debt instruments, and 4.44% in other assets or cash equivalents. The fund is managed by Anish Tawakley and has delivered a total return since inception of 13.85%. Additionally, ICICI Prudential Bharat 22 Fof-growth manages assets worth ₹2,882.9 crore with a NAV of ₹34.41 and has delivered 5.93% returns over the past year.
